FTC settles Zillow and Redfin antitrust case hours before trial

What BBN said about it

1. 

   Hank Ledger · Lead AnchorHours before trial was set to begin last month, the FTC and five state attorneys general settled their case against Zillow and Redfin.

2. 

   Hank Ledger · Lead AnchorLola is outside the courthouse where it didn't happen.

3. 

   Lola Cruz · Senior Field CorrespondentHank, I'm standing outside the courthouse where the trial was scheduled, and I can report that the doors are closed, the steps are clear, and nobody is coming.

4. 

   Lola Cruz · Senior Field CorrespondentI covered sieges that had more activity than this.

5. 

   Lola Cruz · Senior Field CorrespondentBehind me, a single security guard is guarding a building full of lawyers who already went home.

6. 

   Hank Ledger · Lead AnchorSo no trial.

7. 

   Lola Cruz · Senior Field CorrespondentNo trial, no verdict, no witnesses.

8. 

   Lola Cruz · Senior Field CorrespondentThe case settled. Commentary suggests the FTC won, but experts say the real work is just beginning.

9. 

   Lola Cruz · Senior Field CorrespondentThe argument is that more than thirty percent of American households rent, and for most of them the apartment search begins and often ends inside one company's ecosystem.

10. 

    Hank Ledger · Lead AnchorOne company's ecosystem.

11. 

    Lola Cruz · Senior Field CorrespondentRight. So the people who wanted to see a fight are standing on an empty lawn, and the only thing in this building that's still available is the parking.

12. 

    Hank Ledger · Lead AnchorAnd what's the view from where you are?

13. 

    Lola Cruz · Senior Field CorrespondentOne empty courthouse, no showings scheduled, and nothing to compare it to. Most honest real estate listing of the week.